Allied Bank Limited, one of the largest banks in Pakistan, inked a Technology Support Agreement for the deployment of mobile banking services with Sybase, an SAP Company, the global leader in mobile commerce services and AbacusConsulting, the leading consulting, technology and outsourcing firm in the region. A. Sherwani, President/CEO, Jalees Ahmed, Executive Director, Zia Ijaz, Group Chief, Mujahid Ali, Group Chief from Allied Bank; Asad Ali Khan, President, Abbas Ali Khan, Partner, Ali Shaukat, Chief Financial Officer, Naveed Hussain, Executive Director from AbacusConsulting and Hasan Jamal, Country Head - Pakistan from SAP were present on the occasion along with other notable officials.

It is hoped that Pakistan, being one of the fastest developing markets in the world for mCommerce, will create opportunities of unprecedented scale for bank customers and justify Allied Bank’s decision to deploy mCommerce solution which is expected to offer mobile phone based financial and non-financial services to its clients.

On the occasion, CEO of Allied Bank Mr. Sherwani commented, “Allied Bank, being one of the largest banks in Pakistan, has been capitalizing on technology to provide fast and cost efficient services to its customers. The imminent implementation of mCommerce solution would further enhance Allied Bank’s capacity to extend its services to wide range of banking customers and help in extending financial inclusion to the hitherto untapped market segments”.

President AbacusConsulting Mr. Asad Ali Khan spoke at length regarding the role of his firm in transforming the banking landscape of the country. He said, “We are pleased to be a part of this goal in transforming the financial ecosystem in Pakistan in partnership with Allied Bank. At AbacusConsulting, we are fully committed to leverage our vast knowledge in the field of mCommerce. Our on ground team of experts in the field of mCommerce combined with senior management’s robust efforts for client satisfaction shows our seriousness towards developing mCommerce and mBanking in Pakistan”.